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{00585251.4} 1 NON-NEGOTIABLE WAREHOUSE RECEIPT TERMS AND CONDITIONS The following terms and conditions (“Terms & Conditions”) govern all use of www.closetbox.me and the Company’s services, which are available to You only if you accept these Terms & Conditions. 1. DEFINITIONS. The capitalized terms herein shall have the following meanings: (a) “Authorized Agent” or “Authorized Agentsmeans, individually and collectively, any carrier, common carrier, mover, shipper, freight forwarder, broker or other individual, firm, partnership, corporation, or governmental entity with which the Company has engaged on a subcontract basis to perform the Services described herein. (b) “Charges” – all charges and fees due hereunder, present or future, including without limitation, Rent, financing charges, late charges, handling charges, charges for storage or transportation (including demurrage and terminal charges), insurance, labor or other and any costs or interest associated with the processing of Your delinquent account. (c) Company” – Closetbox, Inc., a Colorado corporation, including officers, directors, employees and agents of Company while acting within the scope and course of their employment. (d) “Dashboard” – Your account profile and information accessed by logging in to Your account at www.closetbox.me, which information is incorporated into these Terms & Conditions. (e) Effective Date” – the date first provided on the Warehouse Receipt. (f) Facility” shall mean the warehouse or other facility location indicated on the Warehouse Receipt and any truck, lift or other equipment owned or rented by Companys Authorized Agent and used to transport Your Goods. (g) Goods” – the personal property and any portion thereof that the Company has agreed to receive and store and that is identified on the Warehouse Receipt that the Company issues to You pursuant to these Terms & Conditions. (h) Warehouse Receipt” – the Non-Negotiable Warehouse Receipt including these Terms & Conditions herein and all contact information on Your Dashboard. (i) Youor “Your” – the person, firm, corporation or other entity for whom the Goods are stored and to whom the Warehouse Receipt was issued and anyone else claiming an interest in the Goods. 2. ISSUANCE OF WAREHOUSE RECEIPT. (a) By submitting an order through www.closetbox.me, You have requested that Your Goods be picked up, delivered and stored at the Facility and You have agreed to all of the Terms & Conditions provided herein. You provided the description of the Goods and the actual contents, condition and quality of Goods are unknown to Company and its Authorized Agent. When the Company’s Authorized Agent arrives to pick up the Goods, the Company may inspect the Goods and may update Your account to modify the condition of the Goods as initially listed by You. You shall receive notice of any changes via email at the address you provided, and You will be bound by any changes to the condition of Goods unless You object to such change within 10 days of receipt of the notice. (b) The Company will issue You a Warehouse Receipt via email to the email address you provided in your Dashboard within a reasonable time after the Company’s Authorized Agent accepts care, custody and control of

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NON-NEGOTIABLE WAREHOUSE RECEIPT

TERMS AND CONDITIONS

The following terms and conditions (“Terms & Conditions”) govern all use of www.closetbox.me and the

Company’s services, which are available to You only if you accept these Terms & Conditions.

1. DEFINITIONS. The capitalized terms herein shall have the following meanings:

(a) “Authorized Agent” or “Authorized Agents” means, individually and collectively, any carrier, common

carrier, mover, shipper, freight forwarder, broker or other individual, firm, partnership, corporation, or

governmental entity with which the Company has engaged on a subcontract basis to perform the Services

described herein.

(b) “Charges” – all charges and fees due hereunder, present or future, including without limitation, Rent,

financing charges, late charges, handling charges, charges for storage or transportation (including demurrage

and terminal charges), insurance, labor or other and any costs or interest associated with the processing of Your

delinquent account.

(c) “Company” – Closetbox, Inc., a Colorado corporation, including officers, directors, employees and agents of

Company while acting within the scope and course of their employment.

(d) “Dashboard” – Your account profile and information accessed by logging in to Your account at

www.closetbox.me, which information is incorporated into these Terms & Conditions.

(e) “Effective Date” – the date first provided on the Warehouse Receipt.

(f) “Facility” shall mean the warehouse or other facility location indicated on the Warehouse Receipt and any

truck, lift or other equipment owned or rented by Company’s Authorized Agent and used to transport Your

Goods.

(g) “Goods” – the personal property and any portion thereof that the Company has agreed to receive and store

and that is identified on the Warehouse Receipt that the Company issues to You pursuant to these Terms &

Conditions.

(h) “Warehouse Receipt” – the Non-Negotiable Warehouse Receipt including these Terms & Conditions herein

and all contact information on Your Dashboard.

(i) “You” or “Your” – the person, firm, corporation or other entity for whom the Goods are stored and to whom

the Warehouse Receipt was issued and anyone else claiming an interest in the Goods.

2. ISSUANCE OF WAREHOUSE RECEIPT.

(a) By submitting an order through www.closetbox.me, You have requested that Your Goods be picked up,

delivered and stored at the Facility and You have agreed to all of the Terms & Conditions provided herein. You

provided the description of the Goods and the actual contents, condition and quality of Goods are unknown to

Company and its Authorized Agent. When the Company’s Authorized Agent arrives to pick up the Goods, the

Company may inspect the Goods and may update Your account to modify the condition of the Goods as initially

listed by You. You shall receive notice of any changes via email at the address you provided, and You will be

bound by any changes to the condition of Goods unless You object to such change within 10 days of receipt of

the notice.

(b) The Company will issue You a Warehouse Receipt via email to the email address you provided in your

Dashboard within a reasonable time after the Company’s Authorized Agent accepts care, custody and control of

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the Goods. Upon issuance of the Warehouse Receipt, the Company certifies that its Authorized Agent has

received the Goods for storage in the Facility for Your account and You agree to these Terms & Conditions,

which are expressly incorporated by reference into the Warehouse Receipt.

(c) Any time after delivery of the Goods to the Facility, such Goods shall be delivered to You upon request,

provided that all storage, handling and other Charges, including minimum charges, have been paid by You. The

Company accepts payment in cash. Contact the Company at [email protected] to arrange for cash payment.

(d)You acknowledge and agree that the Company shall subcontract with its Authorized Agents to perform any

and all services for You, and you expressly consent to the Company’s use of Authorized Agents to provide the

services to You as described herein. You further acknowledge and agree that Your reservation time is only an

estimate and that Company reserves the right to modify or delay the pick-up time for Your Goods, upon prior

notice to You. Company expressly disclaims any liability for any losses incurred by You related to the timing or

scheduling of the pick-up of your Goods.

3. TENDER FOR STORAGE.

(a) Company and its Authorized Agent are unaware of the kind, quantity or value of the Goods stored by You.

You assume full responsibility and liability for packing and securing Your Goods for over the road

transportation. You shall store only personal property that You own and will not store property that is claimed

by another or in which another has any right, title or interest. You shall not store any food or perishable goods,

hazardous materials (as defined below), flammable materials, explosives, or other inherently dangerous material.

You shall not store any personal property which would result in the violation of any law or regulation of any

governmental authority, including, without limitation, all laws and regulations relating to Hazardous Materials,

waste disposal and other environmental matters.

(i) For purposes of this Agreement, “Hazardous Materials” shall include, but not be limited to, any

hazardous or toxic chemical, gas, liquid, substance, material or waste that is or becomes regulated under any

applicable local, state or federal law or regulation. You shall not store Goods that will constitute waste, nuisance

or unreasonable annoyance to other customers in the Facility.

(ii) You acknowledge and agree that the Facility is not suitable for the storage of objects which

have sentimental value to You or others, including, but not limited to, heirlooms or precious, invaluable or

irreplaceable property such as books, records, writings, works of art, photographs, and items for which no

immediate resale market exists. You agree that the value of any of the foregoing items that You choose to store

in violation of this provision shall be limited to the salvage value of the item’s raw materials.

(iii) Further, You acknowledge and agree not to store the following items with Company’s

Authorized Agent: money, bank notes, scrip, securities, accounts, deeds and evidences of debt; letters of credit

and notes other than bank notes; bullion, gold, goldware, silver, silverware, platinum, coins, precious metals and

pewter; stored value cards and smart cards; manuscripts, personal records, and stamps; jewelry, watches, furs,

precious and semiprecious stones; firearms; animals, birds and fish; aircraft, hovercraft, motor vehicles and

engines; trailers; property not owned by the You or for which You are not legally liable; computer software or

programs, media or computer data contained on hard disks or drives. You agree not to store Goods that may

cause consequential damages or emotional distress to You or others if it were missing, stolen, sold or damaged.

(b) Company’s Authorized Agent shall store and deliver Goods in the packages in which they are originally

received, unless Company’s Authorized Agent determines that it is necessary for efficient storage or

transportation to use different packaging.

(c) Company and its Authorized Agent are only obligated to account for and deliver the Goods identified in the

Warehouse Receipt.

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4. TERMINATION OF STORAGE.

(a) You may terminate storage of Your Goods at any time by giving notice to Company for delivery of all Your

Goods. Notwithstanding the foregoing, You shall only be entitled to delivery of Your Goods if there are no

outstanding Charges owing to Company. No monthly Rent shall be prorated or refunded if the termination

occurs prior to the end of a full rental month.

(b) Company may, upon written notice as required by law, require the removal of Goods, or any portion thereof,

from the Facility upon the payment of all Charges attributable to said Goods within a stated period, not less than

30 days after such notification (or such shorter period permitted by law). If said Goods are not so removed,

Company or its Authorized Agent may sell them as provided by law and shall be entitled to exercise any other

rights it has under the law with respect to said Goods.

(c) If, in the opinion of Company, Goods may be about to deteriorate or decline in value to less than the amount

of Company's lien thereon, or may constitute a hazard to other property or to the Facility or persons, Company

or its Authorized Agent may remove or dispose of Goods as permitted by law. You shall pay all charges related

to said removal.

5. STORAGE LOCATION.

(a) Company shall cause its Authorized Agent to store Goods at the Facility at the address identified in the

Warehouse Receipt.

(b) Company may, at any time, at its expense, and without notice to You, cause its Authorized Agent to remove

any Goods from any room or area of the Facility to any other room or area thereof.

(c) Upon five days’ notice to You, Company may, at its expense, cause its Authorized Agent to remove any

Goods from the Facility and store such Goods in a different facility owned or leased by the Company’s

Authorized Agent, provided that the Company causes its Authorized Agent to make a reasonable attempt to

locate Your Goods at the facility with available capacity that is most proximate to the address listed in Your

Dashboard.

6. TERM AND STORAGE CHARGES.

(a) Storage charges commence upon the date that Company’s Authorized Agent accepts care, custody and

control of Goods, regardless of unloading date or date the Warehouse Receipt is issued and continues thereafter

on a month-to-month basis until terminated. You must pay the Company, in advance, monthly rent (the “Rent”)

on each Due Date (as defined below) in the amount set forth on the invoice, without deduction, prior notice,

demand or billing statement. The date Your Goods are first delivered to Company’s Authorized Agent shall be

the initial “Due Date” and subsequent Due Dates shall occur on the monthly anniversary of the initial Due Date

or the last day of the month if the corresponding date does not exist in the subsequent month. You will pay any

applicable sales and use taxes imposed on any transaction hereunder. You will not be entitled to a refund of any

prepaid rent under any circumstances. The monthly Rent may be adjusted by Company effective the month

following written notice by Company to You specifying such adjustment, which notice shall be given not less

than thirty (30) days prior to the first day of the month for which the adjustment will be effective. Any such

adjustment in the Rent will not otherwise affect the Terms & Conditions or the Warehouse Receipt, which will

remain in full force and effect. Time is of the essence with regard to all payment obligations due hereunder.

(b) The minimum term of Rent is two months (“Minimum Term”). The Company’s Authorized Agent shall not

deliver or allow You to pick up Your Goods unless all Charges are paid in full, including Rent and any other

charges due prior to the end of the Minimum Term.

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(c) You represent and warrant that all information in Your account profile as shown on Your Dashboard is

correct. If any of Your information as provided in Your account profile shall change, You shall update Your

profile by logging into Your Dashboard and making such changes within ten (10) days of the change. The

Company reserves the right to require that Rent, fees, and charges in arrears be paid via credit card entered into

Your Dashboard.

7. HANDLING AND DELIVERY.

(a) Unless otherwise specified or elected by Company, handling charges cover only the ordinary labor and

duties incidental to pick up and delivering of the Goods to the Facility during normal business hours, between

8:30 am to 5:00 pm local time.

(b) Company may impose a charge in addition to the regular handling charges for any work performed by

Company other than that specified in Section 7(a) at rates which are in effect from time to time, a copy of which

rates are available upon request.

(c) Company’s Authorized Agent shall have a reasonable time to make delivery after Your request for delivery

through Your Dashboard, and shall have a minimum of 10 business days after receipt of a delivery order in

which to locate any misplaced Goods.

(d) If Company’s Authorized Agent has exercised reasonable care and is unable, due to causes beyond its

control, to effect delivery before expiration of the current storage period, Goods shall be subject to storage

charges for each succeeding storage period.

(e) The Company charges a warehouse and handling fee (“Handling Fee”) for all delivery orders equal to a

month’s Rent should You request all of Your Goods be returned to You. For partial return deliveries, such

charges are prorated based on the number and types of items You have requested to be returned. Should you

request a delivery of all or some of Your Goods prior to the end of the Minimum Term, the Handling Fee shall

double.

(f) All instructions and requests for delivery of Goods are received subject to satisfaction of all Charges, liens

and security interests of Company with respect to Goods whether for Rent, accrued Charges and fees or

otherwise.

(g) Upon Your request and advance notice to the Company, You shall be provided access to Your Goods at the

Facility Monday through Friday, during normal business hours, between 8:30 am to 5:00 pm local time.

8. LATE CHARGES AND FEES.

(a) In the event You fail to pay Rent by the 10th day after the Due Date or the earliest date permitted by

applicable law, You shall pay, in addition to any other amounts due, a late charge equal to the lesser of $25.00

on each such occasion or the maximum amount allowed by applicable law. You will also be responsible for all

of Company’s costs of collection, including, but not limited to, court costs, filing fees and attorneys’ fees.

(b) In the event Company commences a lien sale as a result of Your default in the payment of Rent or other

charges due hereunder, in accordance with Section 12 hereof, You shall pay, whether or not a lien sale occurs,

all costs and expenses incurred by Company associated with processing the delinquent account, including

advertising and mailing fees, plus a lien handling charge of up to $75.00.

(c) In the event You are delinquent in the payment of Rent or other Charges, You authorize Company to charge

Your credit card provided in Your Dashboard, without Your signature, for such Charges owed by You to

Company, even if You have selected another method of payment as the preferred method. Company shall have

no liability to You for charges applied to Your credit card by Company in good faith.

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(d) All Charges other than Rent are due and payable immediately. All Charges not paid within 30 days from the

due date are subject to an interest charge, from the date said charge or fee became due until paid, at the

maximum amount allowed by law. All Charges may be subject to minimum rates.

(e) In the event You do not provide Company with at least three (3) hours of prior notice in the event you need

to cancel or reschedule your pick-up or reservation time, Company reserves the right to charge You a

cancellation fee of $100.00.

(f) In the event of damage or threatened damage to Goods, You shall pay all reasonable and necessary costs of

protecting and preserving Your Goods.

9. LIABILITY AND LIMITATION OF DAMAGES.

(a) Company shall not be liable for any loss or destruction of or damage to Goods, however caused, unless such

loss, damage or destruction resulted from Company’s or its Authorized Agent’s failure to exercise such care in

regard to Goods as a reasonably careful person would exercise under like circumstances. Neither Company nor

its Authorized Agent is liable for damages which could not have been avoided by the exercise of such care. In

addition, You release Company and its Authorized Agents from any responsibility for any loss, liability, claim,

expense, damage to Goods or injury to persons that could have been insured against. You expressly agree that

the carrier of any insurance obtained by You shall not be subrogated to any claim You have against the

Company or its Authorized Agents.

(b) Company’s and its Authorized Agent’s duty of care referred to in Section 9(a) does not extend to providing a

sprinkler system at the Facility complex or any portion thereof. Company and its Authorized Agent shall not be

required to store Goods in a humidity or temperature controlled environment.

(c) STANDARD COVERAGE: IN THE EVENT OF LOSS OR DESTRUCTION OF OR DAMAGE TO

GOODS FOR WHICH COMPANY OR ITS AUTHORIZED AGENT IS LEGALLY LIABLE, THE

COMPANY’S AND THE AUTHORIZED AGENT’S LIABILITY IS LIMITED TO THE LESSER OF THE

FOLLOWING: (1) THE ACTUAL COST TO YOU OF REPAIRING, REPLACING, AND/OR RESTORING

THE LOST, DAMAGED, AND/OR DESTROYED GOODS TOGETHER WITH TRANSPORTATION

COSTS TO THE FACILITY, OR (2) $0.60 PER POUND FOR SAID LOST, DAMAGED, AND/OR

DESTROYED GOODS. UNLESS YOU AFFIRMATIVELY SELECT AND PAY FOR THE VALUABLES

COVERAGE PRIOR TO THE COMPANY’S AUTHORIZED AGENT’S ACCEPTANCE OF CUSTODY OF

GOODS (SEE SECTION 9(d)), THE STANDARD COVERAGE SHALL APPLY TO ALL GOODS AND

THE REMEDIES SET FORTH IN THIS SECTION 9(c) SHALL BE YOUR SOLE AND EXCLUSIVE

REMEDY AND THE COMPANY’S AND ITS AUTHORIZED AGENT’S ENTIRE LIABILITY FOR ANY

BREACH OF COMPANY’S OR AUTHORIZED AGENT’S OBLIGATIONS SET FORTH IN THIS

SECTION 9.

(d) VALUABLES COVERAGE: IF YOU SELECT AND PAY FOR THIS COVERAGE PRIOR TO THE

COMPANY’S AUTHORIZED AGENT’S ACCEPTANCE OF CUSTODY OF GOODS ON THE PICK UP

DATE, YOU MAY INCREASE COMPANY'S LIABILITY ON PART OR ALL OF THE GOODS IN WHICH

CASE AN INCREASED CHARGE SHALL BE MADE BASED UPON SUCH INCREASED VALUATION.

IF YOU CHOOSE TO INCREASE THE COMPANY’S LIABILITY YOU MUST AGREE TO AND SIGN

THE VALUABLES COVERAGE ADDENDUM (INCLUDING THE TERMS THEREIN) PRESENTED TO

YOU AT OR BEFORE PICK UP, WHICH SHALL STATE THE TOTAL AGGREGATE VALUE OF

GOODS COVERED. IN THE EVENT OF LOSS OR DESTRUCTION OF OR DAMAGE TO GOODS FOR

WHICH COMPANY IS LEGALLY LIABLE, THE COMPANY’S LIABILITY IS LIMITED TO THE

LESSER OF THE FOLLOWING: (1) THE ACTUAL COST TO YOU OF REPAIRING, REPLACING,

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AND/OR RESTORING THE LOST, DAMAGED, AND/OR DESTROYED GOODS TOGETHER WITH

TRANSPORTATION COSTS TO THE FACILITY, OR (2) THE TOTAL AGGREGATE VALUE OF THE

GOODS COVERED AS STATED BY YOU. WITHOUT THE SELECTION AND PURCHASE OF THE

VALUABLES COVERAGE, YOU WILL BE LIABLE FOR ANY AMOUNT NOT COVERED BY

COMPANY OR ITS AUTHORIZED AGENT. NO SUCH REQUEST SHALL BE VALID UNLESS MADE

BEFORE LOSS OR DESTRUCTION OF OR DAMAGE TO ANY PORTION OF GOODS HAS

OCCURRED.

(e) The Standard Coverage or Valuables Coverage, as applicable, shall apply to the transportation and storage of

Your Goods while such Goods are in the custody and control of the Company’s Authorized Agents. Company’s

and its Authorized Agents’ liability referred to in Section 9(c) or Section 9(d), as applicable, shall be Your

exclusive remedy against Company and its Authorized Agents for any claim or cause of action whatsoever

relating to loss and/or destruction of and/or damage to Goods and shall apply to all claims including shortage

and mysterious disappearance claims unless You prove by affirmative evidence that Company or its Authorized

Agent converted Goods to its own use. You waive any rights to rely upon any presumption of conversion

imposed by law. In no event shall You be entitled to incidental, special, punitive, or consequential damages or

any claim for emotional or sentimental attachment to Your Goods. All liability and coverage for Goods under

Section 9(c) or Section 9(d) shall cease upon the earlier of the expiration or termination hereunder; or the date

that such Goods are returned. Company shall not be liable under any circumstances for Goods that are

prohibited under Section 3(a).

(f) IN NO EVENT SHALL EITHER COMPANY OR ITS AUTHORIZED AGENTS BE RESPONSIBLE

OR LIABLE FOR ANY CONSEQUENTIAL, INDIRECT, INCIDENTAL, OR SPECIAL DAMAGES

OF ANY TYPE OR NATURE WHATSOEVER AND HOWEVER ARISING, INCLUDING, WITHOUT

LIMITATION, EXEMPLARY, OR PUNITIVE DAMAGES, LOST PROFITS OR REVENUES OR

DIMINUTION IN VALUE, ARISING OUT OF OR RELATING TO ANY BREACH OF ANY

PROVISION OF THIS WAREHOUSE RECEIPT AND THESE TERMS & CONDITIONS, WHETHER

OR NOT THE POSSIBILITY OF SUCH DAMAGES HAS BEEN DISCLOSED IN ADVANCE BY YOU

OR COULD HAVE BEEN REASONABLY FORESEEN, REGARDLESS OF THE LEGAL OR

EQUITABLE THEORY (CONTRACT, TORT OR OTHERWISE) UPON WHICH THE CLAIM IS

BASED, AND NOTWITHSTANDING THE FAILURE OF ANY AGREED OR OTHER REMEDY OF

ITS ESSENTIAL PURPOSE.

(g) IN NO EVENT SHALL COMPANY’S OR ITS AUTHORIZED AGENTS’ AGGREGATE

LIABILITY UNDER THIS WAREHOUSE RECEIPT AND THESE TERMS & CONDITIONS

INCLUDING, BUT NOT LIMITED TO, COMPANY’S AND ITS AUTHORIZED AGENTS’

LIABILITY UNDER SECTION 9 OF THIS WAREHOUSE RECEIPT AND THE TERMS &

CONDITIONS, EXCEED THE TOTAL AMOUNT PAID TO COMPANY PURSUANT TO THIS

AGREEMENT IN THE SIX MONTH PERIOD PRECEDING THE EVENT GIVING RISE TO THE

CLAIM. THE FOREGOING LIMITATIONS SHALL APPLY EVEN IF YOUR REMEDIES UNDER

THIS AGREEMENT FAIL OF THEIR ESSENTIAL PURPOSE.

(h) You shall indemnify, defend and hold harmless Company from and against any and all losses, liabilities,

costs, expenses, attorneys’ fees, fines, damages, claims, demands, causes of action and lawsuits of any kind

whatsoever in any way arising from, or as a result of, or in connection with, Your use of the services provided

hereunder by Company or Company’s Authorized Agents, including, without limitation, as a result of any

breach of Your obligations hereunder.

(i) This Section 9 sets forth each party’s sole liability and entire obligation and each party’s exclusive remedy

for any action that is brought against the breaching party.

10. NOTICE OF CLAIM AND DISPUTE RESOLUTION.

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(a) Company shall not be liable for any claim of any type whatsoever for loss or destruction of or damage to

Goods unless such claim is presented, in writing, within a reasonable time, not exceeding the earlier of 60 days

after You learned or reasonably should have learned of such loss, destruction and/or damage or 60 days

following the expiration or termination of this Agreement and failure to do so will result in the forfeiture of any

claim. Notwithstanding the foregoing, in the event of a claim for concealed damage, namely, a claim where the

shipping container shows no visible evidence of loss or of damage, and where, at the time of delivery to You, no

notation was made on the delivery receipt or otherwise that a loss or damage was claimed or noted, You must

notify Company of such claim within 7 days of the date of delivery. In the event a claim for concealed damage

or loss is not made to Company within 7 days, Company shall not be liable for the claim.

(b) If a dispute arises between You and the Company concerning the Company’s or its Authorized Agents’

services or lost or damaged Goods or any other matters relating to, or arising under, these Terms & Conditions,

You agree to participate in binding arbitration in Denver, Colorado, administered by the Judicial Arbiter Group,

Inc. (“JAG”), in accordance with its rules and procedures (the “JAG Rules”). You agree to participate in the

binding arbitration in good faith and agree to be bound by the arbitrator’s award. As a condition precedent to

initiating arbitration, making any claim and/or filing any suit, You shall provide Company with a reasonable

opportunity to inspect the Goods which are the basis of Your claim. Any such controversy or claim shall be

arbitrated on an individual basis, and shall not be consolidated in any arbitration with any claim or controversy

of any other party, nor shall arbitration on a class action basis be permitted. The prevailing party shall be

entitled to recover its reasonable attorneys’ fees and costs relating to the arbitration.

(c) NO ARBITRATION, LAWSUIT OR OTHER ACTION MAY BE MAINTAINED BY YOU OR OTHERS

AGAINST COMPANY WITH RESPECT TO THE GOODS UNLESS A TIMELY WRITTEN CLAIM HAS

BEEN MADE AS PROVIDED IN SECTION 10(a) AND UNLESS YOU HAVE PROVIDED COMPANY

WITH A REASONABLE OPPORTUNITY TO INSPECT THE GOODS AS PROVIDED IN SECTION 10(b)

AND UNLESS SUCH LAWSUIT, ARBITRATION OR OTHER ACTION IS COMMENCED WITHIN NINE

(9) MONTHS AFTER YOU LEARNED OR REASONABLY SHOULD HAVE LEARNED OF THE LOSS

AND/OR DESTRUCTION OF AND/OR DAMAGE TO THE GOODS. YOU AGREE TO WAIVE ANY

RIGHTS TO A JURY TRIAL FOR ANY CLAIM MADE AGAINST COMPANY.

11. PRODUCT INSURANCE. Company does not insure Goods and the storage rates do not include insurance

on Goods. You have the responsibility to obtain and maintain insurance on Goods equal to the actual full value

of the stored Goods against loss and damage.

12. LIEN; REMEDIES.

(a) As security for the full and prompt payment and performance of all obligations of You under

this Agreement and all extensions, renewals and amendments of any of the foregoing (collectively, the

“Obligations”), You hereby unconditionally pledge, transfer, convey, grant and assign to Company a continuing

security interest in and security title to, whether now owned or hereafter acquired (the “Collateral”), all Goods

(whether listed herein or in a separate Warehouse Receipt), and all substitutions therefor and replacements

thereof, all rights relating thereto, all cash, instruments and other property from time to time received, receivable

or otherwise distributed in respect of or in addition to, in substitution of, on account of or in exchange for any or

all of the foregoing, and to the extent not otherwise included, all proceeds, including, without limitation, all

insurance proceeds, of any and all of the foregoing.

(b) You hereby irrevocably designate and appoint Company as your true and lawful attorney-in-fact

to take any and all actions as Company may deem necessary or desirable in order to realize upon the Collateral.

All acts of said power of attorney are hereby ratified and approved and the Company shall not be liable for any

mistake of law or fact made in connection therewith. This power of attorney is coupled with an interest and

shall be irrevocable so long as any amounts remain unpaid on any of the Obligations. Company shall not be

under any duty to exercise any such power of authority.

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(c) In the event You are in default hereunder, or at any time thereafter, subject only to prior receipt

by Company of payment in full of all Obligations then outstanding, Company shall have all of the rights and

remedies described herein, and Company may exercise any one, more or all of such remedies at its sole

discretion. In furtherance of the foregoing, Company may exercise in respect of the Collateral, in addition to

other rights and remedies provided for herein, or otherwise available to it, all the rights and remedies of a

secured party on default under the Uniform Commercial Code in any applicable jurisdiction (the “UCC”) or any

other applicable law.

(d) Each right, power, and remedy of Company as provided for in this Agreement or now or hereafter

existing at law or in equity or by statute or otherwise shall be cumulative and concurrent and shall be in addition

to every other right, power, or remedy provided for in this Agreement or now or hereafter existing at law or in

equity or by statute or otherwise, and the exercise or beginning of the exercise by Company, of any one or more

of such rights, powers, or remedies shall not preclude the simultaneous or later exercise by Company of any or

all such other rights, powers, or remedies.

13. WAIVER – SEVERABILITY.

(a) Company’s failure to insist upon strict compliance with any provision of the Warehouse Receipt, including

these Terms & Conditions, shall not constitute a waiver of or estoppel to later demand strict compliance thereof

and shall not constitute a waiver of or estoppel to insist upon strict compliance with all other provisions of the

Warehouse Receipt.

(b) In the event any section of the Warehouse Receipt, including these Terms & Conditions, or any part thereof

shall be declared invalid, illegal and/or unenforceable by a court of competent jurisdiction, the validity, legality

and enforceability of the remaining sections shall not, in any way, be affected or impaired thereby.

14. FORCE MAJUERE. Neither Company nor its Authorized Agents shall be liable or responsible to You,

nor be deemed to have defaulted or breached this Warehouse Receipt and these Terms & Conditions, for any

failure or delay in fulfilling or performing any term of this Warehouse Receipt and these Terms & Conditions

when and to the extent such failure or delay is caused by or results from acts or circumstances beyond the

reasonable control of the Company and its Authorized Agents, including, without limitation, acts of God, flood,

fire, earthquake, explosion, governmental actions, war, invasion or hostilities (whether war is declared or not),

terrorist threats or acts, riot, or other civil unrest, national emergency, revolution, insurrection, epidemic,

lockouts, strikes or other labor disputes (whether or not relating to either party's workforce), or restraints or

delays affecting carriers or inability or delay in obtaining supplies of adequate or suitable materials, materials or

telecommunication breakdown or power outage.

15. AUTHORITY. You represent and warrant that now and throughout the term of storage You are either

(i) the lawful owner of Goods which are not subject to any lien or security interest of others; or (ii) the

authorized agent of the lawful owner and You have full power and authority to enter into the Warehouse

Receipt, and have all right and authority to store the Goods at the Facility.

16. NOTICES. All written notices from the Company to You may be transmitted by any commercially

reasonable means of communication, including through the Dashboard and via e-mail, to You at the last known

address provided in Your Dashboard. You are presumed to have knowledge of the contents of all notices

transmitted in accordance with this Section within five days of transmittal. All written notices from You to the

Company shall be directed to Company at the physical address first provided in the Warehouse Receipt.

17. RELEASE OF YOUR INFORMATION. Company and its Authorized Agents are authorized to release

any information regarding You and Your Goods as may be required by law or requested by governmental

authorities or agencies, law enforcement agencies or courts.

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9

18. NO REPRESENTATIONS OR WARRANTIES. Company and its Authorized Agents disclaim any

implied or express warranties, guarantees, representations of the nature, condition, safety or security of the

Goods and the Facility. Company and its Authorized Agents make no assurances or guarantees regarding the

time of pick-up or delivery of Your Goods. Company does not make any representations or warranties that any

fuel subsidy charge (if any) or any other similar charge equals its excess fuel costs or that it will not profit from

such charge.

19. GOVERNING LAW. The Warehouse Receipt and these Terms & Conditions shall be interpreted and

construed under the laws of the State where the Goods are located and stored, without regard to the conflict of

laws provisions thereof to the extent such principles or rules would require or permit the application of the laws

of any jurisdiction other than those of such State. You consent to the exclusive jurisdiction of the state or federal

courts located in the State of Colorado for any dispute arising hereunder not otherwise resolved through binding

arbitration in accordance with Section 10 hereof.

20. ASSIGNMENT; SUCCESSION; THIRD PARTY BENEFICIARIES. Company may assign or transfer

this Agreement without Your consent and, after such assignment or transfer Company shall be released from all

obligations hereunder occurring after such assignment or transfer. All of the provisions hereunder shall apply to,

bind and be obligatory upon the heirs, executors, administrators, representatives, successors and permitted

assigns of the parties hereto. The Warehouse Receipt and these Terms & Conditions are for the sole benefit of

the parties hereto and their respective successors and permitted assigns and nothing herein, express or implied, is

intended to or shall confer on any other person or entity any legal or equitable right, benefit or remedy of any

nature whatsoever. Notwithstanding the foregoing, any agent of the Company is a third party beneficiary

hereunder, and has the right to enforce its provisions directly against the You.

21. ENTIRE AGREEMENT. The Warehouse Receipt and these Terms & Conditions set forth the entire

agreement of the parties with respect to the subject matter hereof and supersedes all prior agreements or

understandings with respect thereto.

22. PUC ADVISEMENT.

Colorado

Intrastate movers in Colorado are regulated by the Colorado Public Utilities Commission (PUC). Each mover

should have a PUC permit number. You are encouraged to contact the PUC to confirm that the mover you are

using is indeed permitted in Colorado. A mover that is not permitted may not withhold any of your property to

enforce payment of money due under the contract (“Carrier’s Lien”). A mover must include its PUC permit

number, true name, and physical (street) address in all advertisements. You should be aware that the total price

of our service can change, based on a number of factors that may include, but are not limited to:

Additional services you request at the time of the move;

Additional items to be moved that were not included in the mover’s original estimate;

Changes to the location or accessibility of building entrances, at either end of the move, that were not

included in the mover’s original estimate; and

Changes to the previously agreed date of pick up or delivery

You should also be aware that, in case of a dispute between you and the mover, Colorado has an arbitration

process available to resolve the dispute without going to court. If you have any questions, you are encouraged to

call the PUC Consumer Assistance Unit at 303-894-2070 for guidance on your rights and obligations.

Closetbox, Inc. is registered with the Public Utilities Commission (PUC) of the State of Colorado as a mover,

Permit No. HHG00423. The mailing address for Closetbox, Inc. as registered with the Colorado PUC is 1791 E

58th Avenue, Unit D, Denver, CO 80216.

California:

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10

PUC ADVISEMENT. Household goods carriers in California are regulated by the California Public Utilities

Commission (PUC). Each household goods carrier should have a PUC permit number. You are encouraged to

contact the PUC to confirm that the household goods carrier you are using is indeed permitted in California. A

household goods carrier that is not permitted may not withhold any of your property to enforce payment of money

due under the contract (“Carrier’s Lien”). You should be aware that the total price of our service can change,

based on a number of factors that may include, but are not limited to:

Additional services you request at the time of the move;

Additional items to be moved that were not included in the household goods carrier’s original estimate;

Changes to the location or accessibility of building entrances, at either end of the move, that were not

included in the household goods carrier’s original estimate; and

Changes to the previously agreed date of pick up or delivery.

If you have any questions, you are encouraged to call the PUC at 1-800-877-8867 for guidance on your rights and

obligations.

Closetbox, Inc., operates as Closetbox Storage Worldwide, LLC, a broker in California pursuant to its registration

with the Federal Motor Carrier Administration as a freight broker, MC No. 911943 and pursuant to the Unified

Carrier Registration Act of 2005, as amended.

Texas:

DMV ADVISEMENT. Household goods carriers in Texas are regulated by the Texas Department of Motor

Vehicles (DMV). Each household goods carrier should have a certificate of registration issued by the DMV and

a valid USDOT number. You are encouraged to contact the DMV to confirm that the household goods carrier

you are using is indeed registered in Texas. A household goods carrier must include its certificate of registration

number, name as shown on its certificate of registration, and the street address of its (or its agent’s) place of

business in Texas in all advertisements. You should be aware that the total price of our service can change, based

on a number of factors that may include, but are not limited to:

Additional services you request at the time of the move;

Additional items to be moved that were not included in the household goods carrier’s original estimate;

Changes to the location or accessibility of building entrances, at either end of the move, that were not

included in the household goods carrier’s original estimate; and

Changes to the previously agreed date of pick up or delivery

You should also be aware that, in case of a dispute between you and the household goods carrier, Texas has a

mediation process available to resolve the dispute without going to court. If you have any questions, you are

encouraged to call the Texas DMV at 1-888-368-4689 for guidance on your rights and obligations.

Closetbox, Inc., operates as Closetbox Storage Worldwide, LLC, a broker in Texas pursuant to its registration

with the Federal Motor Carrier Administration as a freight broker, MC No. 911943 and pursuant to the Unified

Carrier Registration Act of 2005, as amended.

Washington:

UTC ADVISEMENT. Household goods carriers in Washington are regulated by the Washington Utilities and

Transportation Commission (UTC). Each household goods carrier should have a UTC permit number. You are

encouraged to contact the UTC to confirm that the household goods carrier you are using is indeed permitted in

Washington. A household goods carrier must include its UTC permit number, name or trade name as recorded at

the UTC, physical (street) address and telephone number in all advertisements. You should be aware that the total

price of our service can change, based on a number of factors that may include, but are not limited to:

Additional services you request at the time of the move;

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11

Additional items to be moved that were not included in the household goods carrier’s original estimate;

Changes to the location or accessibility of building entrances, at either end of the move, that were not

included in the household goods carrier’s original estimate; and

Changes to the previously agreed date of pick up or delivery.

If you have any questions, you are encouraged to call the UTC Consumer Protection Help Line at 1-888-333-9882

for guidance on your rights and obligations.

Closetbox, Inc., operates as Closetbox Storage Worldwide, LLC, a broker in Washington pursuant to its

registration with the Federal Motor Carrier Administration as a freight broker, MC No. 911943 and pursuant to

the Unified Carrier Registration Act of 2005, as amended.

Ohio:

PUCO ADVISEMENT. Intrastate household goods carriers in Ohio are regulated by The Public Utilities

Commission of Ohio (PUCO). Each household goods carrier should have a PUCO certificate number. You are

encouraged to contact the PUCO to confirm that the household goods carrier you are using is indeed registered in

Ohio. A household goods carrier must include its name or trade name, address, telephone number and PUCO

certificate number in all advertisements. You should be aware that the total price of our service can change, based

on a number of factors that may include, but are not limited to:

Additional services you request at the time of the move;

Additional items to be moved that were not included in the household goods carrier’s original estimate;

Changes to the location or accessibility of building entrances, at either end of the move, that were not

included in the household goods carrier’s original estimate; and

Changes to the previously agreed date of pick up or delivery.

If you have any questions, you are encouraged to call the PUCO at 800-686-7826 for guidance on your rights and

obligations.

Closetbox, Inc. operates as a broker in Ohio pursuant to its registration with the Federal Motor Carrier

Administration as a freight broker, MC No. 911943 and pursuant to the Unified Carrier Registration Act of 2005,

as amended.

Virginia:

DMV ADVISEMENT. Intrastate household goods carriers in Virginia are regulated by the Virginia Department

of Motor Vehicles (DMV). Each household goods carrier should have obtained a certificate of fitness issued by

the DMV. You are encouraged to contact the DMV to confirm that the household goods carrier you are using is

indeed certificated in Virginia. You should be aware that the total price of our service can change, based on a

number of factors that may include, but are not limited to:

Additional services you request at the time of the move;

Additional items to be moved that were not included in the household goods carrier’s original estimate;

Changes to the location or accessibility of building entrances, at either end of the move, that were not

included in the household goods carrier’s original estimate; and

Changes to the previously agreed date of pick up or delivery.

If you have any questions, you are encouraged to call the DMV at 804-497-7100 for guidance on your rights and

obligations.

Closetbox, Inc. operates as a broker in Virginia pursuant to its registration with the Federal Motor Carrier

Administration as a freight broker, MC No. 911943, and pursuant to the Unified Carrier Registration Act of 2005,

as amended.

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12

New Mexico:

PRC ADVISEMENT. Intrastate household goods carriers in New Mexico are regulated by the New Mexico

Public Regulation Commission (PRC). Each household goods carrier should have obtained a certificate and

permit from the PRC. You are encouraged to contact the PRC to confirm that the household goods carrier you

are using is indeed certificated and permitted in New Mexico. You should be aware that the total price of our

service can change, based on a number of factors that may include, but are not limited to:

Additional services you request at the time of the move;

Additional items to be moved that were not included in the household goods carrier’s original estimate;

Changes to the location or accessibility of building entrances, at either end of the move, that were not

included in the household goods carrier’s original estimate; and

Changes to the previously agreed date of pick up or delivery.

You should also be aware that, in case of a dispute between you and the household goods carrier, the PRC has a

voluntary dispute settlement program you may avail yourself of by filing an informal complaint with the director

of the PRC’s Consumer Relations Division. If you have any questions, you are encouraged to call the PRC

Consumer Relations Division at 1-888-427-5772.

Closetbox, Inc. operates as a broker in New Mexico pursuant to its registration with the Federal Motor Carrier

Administration as a freight broker, MC No. 911943, and pursuant to the Unified Carrier Registration Act of 2005,

as amended.

Louisiana:

PSC ADVISEMENT. Intrastate household goods carriers in Louisiana are regulated by the Louisiana Public

Service Commission (PSC). Each household goods carrier should have obtained a certificate from the PSC. You

are encouraged to contact the PSC to confirm that the mover you are using is indeed certificated in Louisiana. A

household goods carrier must include its legal and/or registered name, physical address and PSC certificate

number in all advertisements, and said information must all be included on all invoices and written bids or

estimates given to consumers. You should be aware that the total price of our service can change, based on a

number of factors that may include, but are not limited to:

Additional services you request at the time of the move;

Additional items to be moved that were not included in the household goods carrier’s original estimate;

Changes to the location or accessibility of building entrances, at either end of the move, that were not

included in the household goods carrier’s original estimate; and

Changes to the previously agreed date of pick up or delivery.

If you have any questions, you are encouraged to call the Louisiana PSC Transportation Division at 888-342-5717

for guidance on your rights and obligations.

Closetbox, Inc. operates as a broker in Louisiana pursuant to its registration with the Federal Motor Carrier

Administration as a freight broker, MC No. 911943, and pursuant to the Unified Carrier Registration Act of 2005,

as amended.